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private sector
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private letter ruling
pri·vate let·ter rul·ing (plural pri·vate let·ter rul·ings)


noun 
Definition:
 
limited IRS ruling by letter: a response by the Internal Revenue Service to a tax issue that is not to be construed as applying to any case other than the one in question
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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